Bishop Arts developer seeks hotel, neighborhood market uses

A Bishop Arts developer is seeking a zoning change that would allow uses beyond residential, office and retail.

Exxir Capital, the Nazerian family company, is asking for changes that would allow them to build a hotel, event center, neighborhood market and art-production facility.

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The developer more than a year ago demolished apartments and houses in a 4.5-acre tract just south of the Bishop Arts District with plans to build 4- and 5-story buildings for apartments and shops. The developer also is building an underground parking garage and making improvements to streets and sidewalks thanks to $5 million in future tax reimbursements from the city. They received $2 million from the city’s economic development fund six years ago to help them buy up the Bishop Arts properties.

The proposed change would ease some parking requirements for the development as well. The City Plan Commission will hear the proposal Oct. 20.